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Property profile & analytics
OFF-MARKET
Estimated value
$1,825,000
Commercial land
656 Robertson Blvd West Hollywood, CA 90069-5022
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8459205
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1938
Total area
6,088 SF
Lot
0.26 ac (11,239 SF)
Zoning code
WDC1A*
APN
4336-008-014
UPID
US09-8459205
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.90M
Comparable Approach
Comparable
$1.97M
Blend (final)
Blend
$1.83M
Owner & transaction history
656 North Robertson LLC · 6 yrs held
656 North Robertson LLC
since 2019
7 recorded transactions
Zoning & alternative use
WDC1A* · West Hollywood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.8M
+52.1%
Neighborhood: shopping center
$2.6M
+41.4%
Retail stores
$2.5M
+37.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs West Hollywood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Hollywood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,055,000
6.5%
$1,895,000
7%
$1,760,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,825,000
Current use
MEDICAL BUILDING
$2,775,000
Change: +52% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,580,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$2,500,000
Change: +37% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,410,000
Change: +32% · Conversion: Moderate
Blend value · Realmo final
$1.83M
Range $1.64M – $2.01M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$300 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$206,297
Tax year 2024
Assessed value
$17,155,233
Assessed 2024
Previous assessed
$17,155,233
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$17,155,233
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1938
Heating
NONE
Total area
6,088 SF
Lot
0.26 ac (11,239 SF)
Zoning code
WDC1A*
APN
4336-008-014
UPID
US09-8459205
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WDC1A* · West Hollywood, CA
Zoning WDC1A* · permitted uses
WDC1A* · West Hollywood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Hollywood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
RETAIL STORES
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.4M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1938
Heating
NONE
Lot
0.26 ac
Current owner
From public records · entity-resolved
656 North Robertson LLC
Entity
Free & Clear · 6 yrs held
Mailing address
646 N ROBERTSON BLVD, WEST HOLLYWOOD, CA 90069-5022
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2019
$16,000,000
656 North Robertson LLC
656 Robertson Park LLC
Grant Deed
—
Sep 6, 2019
—
656 Robertson Park LLC
Robertson Park Holdings LLC
Quit Claim Deed
—
Nov 8, 2016
$9,000,000
Robertson Park Holdings LLC
Kinara Properties LLC
Grant Deed
$4,600,000 · Wallis State Bank
Jan 22, 2007
—
Kinara Properties LLC
Kinara Spa LLC
Grant Deed
$3,000,000 · Greenwich Capital Financial Product
Oct 10, 2001
—
Kinara Spa LLC
Veterinary Centers Of Lakewoo
Grant Deed
$2,139,660 · Splichal Trust
Sep 12, 2001
—
Ben B International Investment
Balsam,benjamin
Grant Deed
related
—
Apr 9, 2001
—
Stormy Enterprises
Morein,r
Quit Claim Deed
related
—
Jul 19, 1999
—
Veterinary Centers Of Lakewood
—
Deed Of Trust
related
—
Feb 17, 1988
$1,000,000
Balsam Benjamin
Nevin
Trustees Deed
—
Feb 17, 1988
—
Nevin Robert B
Nevin
Quit Claim Deed
related
$998,296 · Craig James&mary
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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